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Lincoln Financial Recognized as One of the World's Most Ethical Companies® for Fourth Year in a Row

Ethisphere’s award program celebrates companies that exemplify doing business with integrity through robust ethics, compliance and governance programs

Lincoln Financial (NYSE: LNC) has been named one of the 2025 World’s Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

Earning this recognition for the fourth consecutive year, Lincoln Financial is one of only six honorees in the financial services industry. This year 136 companies are recognized, spanning 19 countries and 44 industries.

“Integrity exemplifies who we are as company and has always been woven into our culture,” said Ellen Cooper, chairman, president and chief executive officer of Lincoln Financial. “Leading with ethics is an important component of our core values, and our employees live this value every day in their decision-making, communication and service to our customers, stakeholders and colleagues. This honor is a true testament to our employees’ dedication.”

The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient®, which requires companies to provide 240+ different proof points on practices that support robust ethics and compliance; governance; a culture of ethics; environmental and social impact; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by a panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify best-in-class ethics and compliance practices from organizations across industries and from around the world.

“Our organization is characterized by our steadfast commitment to ethical conduct, honesty, and always doing the right thing. Being recognized for the fourth consecutive year highlights the way we lean into achieving excellence through ethics,” said Steve Harris, senior vice president and chief ethics and compliance officer at Lincoln Financial. “Our strong ethical framework not only cultivates a positive culture but also enhances brand loyalty and trust in the eyes of customers and sets us apart in the market. We are proud of this recognition and reaffirm our pledge to upholding our high standard of ethical business practices.”

“Congratulations to Lincoln for achieving recognition as one of the World’s Most Ethical Companies®. Behind this honor is a true dedication and a commitment to advancing business integrity. This approach is good for business – employees and other stakeholders value companies that prioritize the kinds of practices we measure with our process,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair.

To view the full list of this year's honorees, please visit the World's Most Ethical Companies website, https://worldsmostethicalcompanies.com/honorees.

About Lincoln Financial

Lincoln Financial helps people confidently plan for their vision of a successful financial future. As of December 31, 2024, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection, and retirement plan services. As of December 31, 2024, the company had $321 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, PA., Lincoln Financial is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.

About Ethisphere

Ethisphere is the global leader in defining and advancing the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace, and deliver business success. Companies turn ethics, compliance, and culture into a business advantage by leveraging Ethisphere’s data-driven program and culture assessments featuring the latest guidance and the practices of hundreds of global organizations across the 8 pillars of an ethical culture, and 240+ ethics, compliance, social, and governance data points delivered through a proprietary software platform. Ethisphere also honors superior integrity programs through World’s Most Ethical Companies® recognition, brings together a community of industry experts with the Business Ethics Leadership Alliance (BELA), and advances ethical business practices through the Global Ethics Summit, Ethisphere Magazine and the Ethicast podcast. For more information, visit https://ethisphere.com.

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